Delphi Expects Auto-Parts Sales
In China to Top $1 Billion in '04

SHANGHAI -- Delphi Corp. said it expects its sales in China this year to top $1 billion, compared with $850 million in 2003.

The projection, by the automobile parts supplier's chairman, J. T. Battenberg III, indicates that while China's car industry feels its high growth pace sharply decelerate, the U.S. company isn't feeling any pain.